SEATTLE, Aug. 10, 2026 — Lightview Capital announced today a strategic investment in InStore Technology, a leading provider of managed technology for independent grocers across the western United States. Headquartered in Seattle, WA, InStore Technology partners with independent and regional grocery chains to deliver mission-critical, end-to-end retail technology infrastructure and 24/7 support.

The partnership with Lightview Capital will accelerate InStore’s growth strategy, supporting enhanced service capabilities, continued geographic expansion, and strategic acquisitions. Together, the companies plan to build upon InStore’s strong foundation as a trusted provider of mission-critical retail technology and managed services.

Tom Courlas, CEO of InStore Technology, commented, “The team at Lightview Capital has the track record and skillset to assist us in expanding our capabilities and presence to bring the highest quality support to independent retailers.”

“We’re excited to be teaming up with Tom and the InStore team on its next phase of growth,” said Stan Bikulege, Principal at Lightview Capital. “InStore has a differentiated approach to helping its customers solve the challenges associated with a rapidly changing technology, compliance, and cybersecurity landscape. Our partnership with InStore will allow the company to continue to capitalize on a large and growing market opportunity within the retail sector.”

Richard Erickson, Co-founder and Managing Director at Lightview Capital, added: “InStore Technology represents the kind of entrepreneurial, service-driven platform we’re proud to back. The combination of their service model and our expertise in the managed IT services sector, aligns perfectly with Lightview’s approach to building long-term value.”

Klar Ventures principals served as financial advisor to InStore Technology.

About InStore Technology
InStore Technology is a leading provider of retail technology and managed services serving independent and regional grocers across the western United States. The company designs, installs, and supports point-of-sale, self-checkout, electronic shelf label, cybersecurity, and other technology systems. InStore is dedicated to delivering mission-critical infrastructure and exceptional service to the grocers it serves.
For more information, visit https://www.instoretech.com/.

About Lightview Capital
Lightview Capital is a leading private equity firm focused on investing in founder-owned companies in the business services and tech-enabled services industries. Lightview partners with its portfolio companies by providing deep industry knowledge, insightful experience, and active resources to unlock growth and drive value. For more information, visit www.lightviewcapital.com.

Contact for Lightview Capital
Laurel Vermette
[email protected]

SOURCE Lightview Capital

Oversubscribed financing scales the restaurant commerce platform connecting more than 5 million diners with more than 8,500 restaurants that collectively represent nearly $30 billion in annual restaurant GMV

Citi’s participation builds on its existing relationship with inKind, as its venture capital arm, Citi Ventures, invested in the company in 2025.

AUSTIN, Texas, Aug. 10, 2026 — inKind, the curated restaurant commerce platform helping great restaurants access capital, guests, and technology, today announced the closing of an oversubscribed $414 million second financing tranche led by Citi and Cross River alongside Sagard, Varadero Capital, and Trinity Capital. The transaction brings inKind’s total capital raised to more than $1.2 billion.

Just as Airbnb built infrastructure connecting hosts and travelers, and DoorDash built infrastructure connecting merchants and consumers, inKind is building growth infrastructure that connects restaurants with capital and high-intent guests. Its platform combines upfront capital, demand generation, financial tools, guest rewards, proprietary data, and AI-native capabilities. Today, inKind’s curated network connects more than 5 million diners with more than 8,500 restaurants that collectively represent nearly $30 billion in annual restaurant GMV.

The new commitments include:

Senior

• Citi: $175 million
• Cross River: $150 million

Mezzanine

• Sagard: $50 million
• Varadero Capital: $25 million
• Trinity Capital: $14 million

The closing follows Liberty Mutual Investments’ recently announced $320 million commitment as a senior anchor and mezzanine lender. With the expanded facility, inKind plans to deploy more than $1 billion in growth capital to nearly 10,000 restaurants over the next year.

The transaction marks a major milestone for inKind and the restaurant industry, bringing institutional scale to a model designed to help high-quality restaurants access growth capital while creating incremental guest demand. It also expands the capital foundation behind a commerce platform that becomes more valuable as more restaurants and diners join and its proprietary data advantage deepens.

“For more than a decade, inKind has been building a new way to finance and grow great restaurants,” said Johann Moonesinghe, co-founder and CEO of inKind. “When Rajan Moonesinghe, Andy Harris, Jonathan de Wolff and I started the company, we had to use our own capital to fund restaurants because we were building a model the market had not yet seen. It took years of performance, discipline, and proof before institutional investors began to understand the asset class we were creating. The addition of Citi, a global systemically important bank, is an important signal that the market increasingly recognizes the strength of the inKind model. This financing gives us the capacity to scale the restaurant commerce infrastructure we have spent more than a decade building.”

inKind provides restaurants with upfront growth capital and connects them with millions of high-intent guests through its curated dining network. By combining capital, commerce, demand generation, rewards, and technology on one platform, inKind helps operators create incremental revenue, build repeat customer relationships, and grow without relying solely on traditional debt, dilutive equity, or discount-driven marketing.

inKind is highly selective about the restaurants it brings onto the platform. The company focuses on restaurants guests are likely to love and want to experience again — from nationally recognized restaurant groups to standout independent operators. That selectivity is central to the strength of the model: guests trust inKind as a way to discover exceptional restaurants, operators benefit from access to quality demand, and capital providers gain exposure to a curated network designed for durability.

Since 2022, inKind has grown from approximately 1,000 restaurant partners to more than 8,500 today, collectively representing nearly $30 billion in annual restaurant GMV. The company has also grown from approximately 1 million users in March 2024 to more than 5 million users today, creating one of the largest curated restaurant networks in the United States.

“The proof is in the quality of the network,” Moonesinghe continued. “Some of the best restaurant operators in the country trust inKind, and millions of guests use our platform to discover, support, and return to great restaurants. That combination of restaurant quality, guest scale, capital infrastructure, and proprietary data is what makes inKind different.”

Building a New Commerce Model for Great Restaurants

Restaurants are one of the largest and most important sectors in the U.S. economy, but even great operators have historically lacked a growth platform designed around how restaurants actually operate. Traditional debt can be expensive and restrictive. Equity can be dilutive. Discount-driven marketing can damage brand equity and train guests to value promotions more than the restaurant itself.

inKind was built by restaurant operators to give great restaurants a better way to grow.

The company’s platform combines upfront capital, demand generation, guest rewards, financial tools, and AI-native technology designed to help restaurants bring the right guests into the room at the right times. For operators, inKind creates access to growth capital and incremental guest demand without requiring conventional debt service or ownership dilution. For guests, inKind provides a smarter way to discover exceptional restaurants, support the people behind them, and earn more toward their next experience.

Today, inKind partners with nationally recognized groups such as MINA Group, Ethan Stowell Restaurants, and José Andrés Group, as well as acclaimed independent operators including Okàn, Kann, and Superiority Burger. The company has provided more than $850 million in growth capital to restaurant partners and delivered more than $225 million in dining rewards to guests.

Institutional Capital Behind a Scalable Restaurant Platform

The new tranche significantly expands the group of institutional investors supporting inKind’s growth.

Together with Liberty Mutual Investments debt investment, the new financing provides inKind with additional long-term capacity to support restaurant operators nationwide and further validate the company’s model as an emerging institutional asset class.

inKind’s selectivity is central to both its credit model and its network economics. By focusing on strong operators and restaurants that guests are likely to love, revisit, and recommend, inKind protects guest trust and builds a network designed for durability. Better restaurants create stronger guest demand and engagement; stronger demand makes the platform more valuable to operators and more resilient for capital providers.

“This is bigger than a financing milestone for inKind,” said Moonesinghe. “It represents growing recognition that great restaurants are essential businesses, major employers, and anchors of their communities — and that they deserve a capital model designed specifically for how they operate.”

Scaling the Restaurant Growth Infrastructure

inKind is building a growth operating system for restaurants by combining capital, consumer demand, technology, financial tools, proprietary data, and AI-native capabilities on a single platform.

Because inKind operates across thousands of restaurants and millions of guests, its platform can identify patterns, demand opportunities, and guest behavior that no single restaurant group — no matter how sophisticated — could see on its own. The company believes that combining this network-level data with recent advances in artificial intelligence can create a new level of growth infrastructure for restaurants, helping operators make more informed decisions about capital, guest acquisition, demand generation, and long-term growth.

“Restaurants are among the most important engines of local job creation in America,” said Moonesinghe. “When a great restaurant grows, it creates opportunity for chefs, servers, bartenders, managers, suppliers, landlords, and the neighborhoods around them. Restaurants are also the rooms where communities gather — where birthdays, anniversaries, first dates, family dinners, and ordinary nights become lifelong memories. Our mission is to help more great restaurants open, expand, create jobs, and remain part of their communities for generations.”

Moonesinghe added: “We believe inKind is still in the early chapters of what it can become. As our restaurant network grows, we can give more great operators access to millions of guests. As our guest base grows, we can give more diners access to the best restaurants in the country. That flywheel is what we have spent the last twelve years building.”

About inKind
Founded in 2014, inKind is a curated restaurant commerce and growth platform built to help great restaurants thrive and give guests more reasons to gather around the table. Built by restaurant operators for restaurant operators, inKind provides upfront capital and demand tools that help restaurants bring in the right guests at the right times, while giving diners a smarter way to discover exceptional restaurants, support the people behind them, and earn more toward their next experience.

inKind is highly selective about the restaurants it brings onto the platform because guest trust is central to the network. By partnering with restaurants guests are likely to love, revisit, and recommend, inKind helps operators create incremental revenue while giving diners confidence that every inKind experience is worth planning around. Today, inKind connects more than 5 million guests with more than 8,500 restaurants across the United States. Those restaurants collectively represent nearly $30 billion in annual restaurant GMV. The company has provided more than $850 million in capital to restaurant partners and delivered more than $225 million in dining rewards to its users.

Learn more at inKind.com and follow @inkind.app.

Media Contact: [email protected]

SOURCE inKind

Investment supports advancement of Remedium’s durable protein therapeutics platform toward first-in-human clinical development.

NORWALK, Conn., Aug. 10, 2026 — Lifespan Vision Ventures today announced that it is leading Remedium Bio, Inc.’s (“Remedium”) $10 million Series A financing and has completed the round’s initial closing, with participation from Eli Lilly and Company (“Lilly”) and HKX Capital. In connection with the financing, Harry Robb of Lifespan Vision Ventures has joined Remedium’s Board of Directors.

Remedium is developing durable protein therapeutics designed to enable controlled, long-lasting expression of therapeutic proteins following minimally invasive subcutaneous administration. The company’s approach harnesses adipocytes as a durable site for therapeutic protein production, with the potential to provide multi-year benefit and adjustable dosing for patients with chronic diseases.

The financing will support advancement of Remedium’s lead programs, continued platform expansion, and preparation for first-in-human clinical studies.

“Remedium has built a differentiated platform with the potential to address important limitations of chronic biologic therapy,” said Andrew Worden, Founding Partner of Lifespan Vision Ventures. “We are proud to lead the Series A financing and support the company as it advances its pipeline toward clinical development and expands the potential of its platform.”

“Lifespan Vision Ventures shares our belief that durable therapies have the potential to fundamentally improve the treatment of chronic disease,” said Frank Luppino, Chief Executive Officer of Remedium Bio. “We are excited to have them lead our Series A and to welcome Harry Robb to our Board as we advance our platform, expand our pipeline, and prepare for first-in-human clinical development.”

The financing follows recent progress across Remedium’s pipeline, strategic collaborations, and preclinical programs, and is expected to support key milestones demonstrating the breadth of its platform across cardiometabolic and other chronic diseases.

About Lifespan Vision Ventures

Lifespan Vision Ventures is a global venture capital firm investing in early-stage biotechnology companies developing breakthrough technologies to prevent and treat age-related diseases. The firm partners with visionary founders advancing science-driven solutions that promote healthy aging and extend human healthspan.

Contact: [email protected] 

About Remedium Bio, Inc.

Remedium Bio is a biotechnology company driven by the belief that any disease can be cured. The company develops life-changing therapeutics for large unmet medical needs by advancing a revolutionary gene therapy platform that enables safe, effective, and durable delivery of therapeutic genes with simple post-treatment dose adjustment. Remedium’s proprietary Prometheus™ platform aims to replace many subcutaneously administered protein therapies with single-injection, adjustable gene therapies that offer long-lasting efficacy at a fraction of the cost. The company’s pipeline includes programs targeting endocrinology, immunology, neurology, and musculoskeletal diseases.

For more information, please visit www.remedium-bio.com or contact [email protected] 

SOURCE LifeSpan Vision Ventures

Strategic partnership set to advance commercialization of deployable small modular reactor technology for critical energy infrastructure

HOUSTON, Aug. 10, 2026 — Deployable Energy today announced that Solaris Energy Infrastructure, Inc. (NYSE: SEI) (“Solaris”) has made an equity investment in the company and intends to collaborate with Deployable Energy on the commercialization of its deployable microreactor technology.

The investment was announced by Solaris as part of its second quarter 2026 business update. In its announcement, Solaris stated that it has “made an equity investment in Deployable Energy, providing early exposure to next-generation nuclear technology” and that it “will work with Deployable on commercialization of their SMR technology, complementing our existing generation capabilities.”

The relationship combines Deployable Energy’s mission to deliver transportable, resilient nuclear power with Solaris’ experience deploying, operating, and maintaining distributed energy infrastructure for mission-critical applications. As demand for reliable, always-on power continues to accelerate across defense, industrial, and digital infrastructure markets, the companies see opportunities to explore how advanced nuclear energy technologies can complement existing power solutions.

“We’re excited to welcome Solaris as both an investor and strategic collaborator,” said Bobby Gallagher, CEO and Co-Founder of Deployable Energy. “Solaris has established itself as a leader in delivering reliable power infrastructure for demanding applications. Their investment and commercial perspective validate the growing need for next-generation energy solutions that combine resilience, scalability, and long-duration performance.

The collaboration with Solaris represents an important step for Deployable Energy in building an ecosystem of strategic partners that can help accelerate the commercial deployment.”

“Deployable Energy brings real world execution to a technology the market has talked about for years but few have delivered,” said Bill Zartler, Founder and Co-CEO of Solaris Energy Infrastructure. “The speed they’ve shown getting to first criticality, their differentiated design and approach to avoiding supply chain constraints, gives us confidence that the Deployable Energy team can turn next-generation nuclear products into reality in the relatively near term. We’re excited to be part of this story.”

About Deployable Energy

Factory made nuclear from the energy capital of the world. 

Deployable Energy builds microreactors designed for real-world operations. Our systems are engineered for rapid deployment, simple operation, and reliable power where traditional infrastructure can’t reach.

Learn more at: Deployable.Energy

About Solaris Energy Infrastructure, Inc.

Solaris Energy Infrastructure, Inc. (NYSE:SEI) delivers comprehensive power infrastructure solutions including generation, distribution, installation and commissioning, aftermarket support, and operations and maintenance. Headquartered in Houston, Texas, the Company serves multiple U.S. end markets, including data centers, energy, and other commercial and industrial sectors. Additional information is available on our website, solaris-energy.com.

SOURCE Deployable Energy

WashWise launches Reset Spray, a fabric spray for clothes that are too clean to wash but not fresh enough to rewear

NEW YORK, Aug. 10, 2026 — WashWise, a modern clothing care company redefining how consumers care for garments between wears, today announced it has raised $1.2 million in pre-seed financing through a SAFE round and officially launched its debut product, Reset Spray.

Founded by former J.P. Morgan and Citadel trader Maria Cabral Menezes, WashWise was created around a simple insight: clothing spends roughly 99% of its life outside the washing machine, yet most innovation in clothing care is designed around the washer or the 1% it spends inside the washer. As consumers repeat outfits, travel more, invest in higher-quality clothing, and embrace resale and rental fashion, WashWise is building a new category of between-wear clothing care.

Reset Spray is designed to refresh, de-wrinkle, deodorize, and lightly cleanse clothing between washes, helping consumers extend wear and reduce unnecessary laundry and dry cleaning. Often described as “dry shampoo for clothes,” the formula combines multiple clothing-care functions into one streamlined solution.

“Everyone has experienced the moment where a piece of clothing isn’t dirty enough to wash, but doesn’t feel fresh enough to wear again,” said Maria Cabral Menezes, Founder of WashWise. “We realized there was an entire part of a garment’s life that had been completely ignored.”

The $1.2 million pre-seed funding round includes a strategic syndicate of founders, Wall Street executives, and consumer leaders spanning retail, fashion, hospitality, technology, logistics, and consumer packaged goods. Backers include FJ Labs, Singh Capital, Alex Jekowsky, Jack Abraham, Brian Tate, Gigi Howard, Nina Farran, Mia Tonelli, Taylor James, and Brown Girl Angels, alongside executives and operators from Pickle, The Business of Fashion, Dior, SoulCycle, Soho House, Apple, and J.P. Morgan.

The company will use the financing to accelerate product development, expand strategic partnerships, grow its team, and build awareness around its new approach to clothing care.

Available in Cotton Cooldown and Verde Rise, Reset Spray is skin-safe, plant-derived, non-toxic, and packaged using bag-on-valve technology. One 6oz bottle can help save up to $300 in dry cleaning costs, approximately six hours of laundry time, 110 gallons of water, and 16 kWh of electricity over its use.

Reset Spray (6oz., $29 MSRP) is available now at www.washwise.com in full-size and travel-size.

Media Contact
Brandsway Creative
Tara Ciccone, Partner
[email protected]

SOURCE WashWise

Funding will support further product innovation, enhanced AI capabilities, and continued go-to-market expansion as VibeIQ helps leading consumer brands and retailers bring products to market faster.

BOSTON, Aug. 10, 2026 — VibeIQ, the first AI-native product decision platform for apparel and consumer goods, announced $22.5 million in growth financing led by Volition Capital, a Boston-based growth equity firm, with participation from existing investor Venture Guides.

Consumer brands have systems for design, financial planning, product development, and selling, but no system owns the critical decisions made before development begins. Choices about what belongs in the line, why a product is moving forward, which trade-offs were made, and how creative intent connects to commercial targets still happen across disconnected documents. Once products move into development, much of that context is lost, leaving downstream teams with the outcome of a decision but not the reasoning behind it. As AI accelerates concept and asset creation, that gap becomes more consequential: brands can create more options faster without a shared way to decide what should move forward or preserve the context behind those decisions throughout the product lifecycle.

VibeIQ is trusted by multibillion-dollar companies and emerging brands, including New Balance, Vera Bradley, Converse, and Kizik. The platform gives merchandising, design, and product development teams one live view of the product line, connecting creative intent, commercial targets, margin, regional adoption, and downstream status. Embedded AI helps teams identify gaps, duplication, trade-offs, and margin risk, so they can decide what moves forward, changes, or gets cut before development and sourcing commit cost. Customers have reduced planned SKUs, gained visibility months earlier, and eliminated thousands of hours of manual work. The financing will support continued product investment, deeper integrations, team expansion, and growth across apparel, footwear, consumer goods, and private-label retail.

“AI is making product creation faster, but speed alone does not produce a better product line,” said Brian Lindauer, founder and CEO of VibeIQ. “Brands need shared creative and commercial context to decide what should exist, what should change, and what gets cut. VibeIQ helps teams make those decisions before development begins, preserve the reasoning behind them, and carry that context forward as products move toward market. This investment will allow us to deepen those capabilities and bring them to more product categories and teams.”

“AI is creating an opportunity to fundamentally transform how consumer brands make product decisions,” said Roger Hurwitz, Managing Partner at Volition Capital. “VibeIQ has built a category-defining platform that gives retail teams a shared decision layer for determining what moves forward, what changes, and what gets cut before significant cost and complexity enter the process. Brian Lindauer and the team have combined deep domain expertise with exceptional execution to address mission-critical challenges for their customers. We’re excited to support the company’s next phase of growth.”

“Our investment reflects our confidence in both the team and the enormous market opportunity ahead,” said Ben Nye, Managing Partner at Venture Guides. “VibeIQ enables customers to make better product decisions while avoiding unnecessary cost, complexity and delay. We’re proud to partner for this next phase of accelerating growth.”

About VibeIQ

VibeIQ is the product decision platform for apparel, footwear, and consumer goods brands and private-label retailers. It gives merchandising, design, planning, product development, and regional teams one live view of the product line, connecting creative intent with commercial context so they can decide what moves forward before unnecessary cost, complexity, and margin risk build downstream. VibeIQ works alongside PLM, planning, and enterprise systems, carrying approved product decisions into execution without losing the context behind them. For more information, visit www.vibeiq.com.

About Volition Capital

Volition Capital is a Boston-based growth equity firm that principally invests in high-growth, founder-owned companies across the software, internet, and consumer sectors. Founded in 2010, Volition has over $1.7 billion in assets under management and has invested in and/or provided sub-advisory advice to more than 60 companies. The firm selectively partners with founders to help them achieve their fullest aspirations for their businesses. For more information, visit www.volitioncapital.com.

About Venture Guides

Venture Guides is an early-stage venture capital firm investing in infrastructure software, cybersecurity, data, and AI. Venture Guides employs a unique, team-based investment approach with a focus on a concentrated portfolio of companies. Their “guiding” extends beyond capital, offering strategic support for areas like go-to-market execution, product management, talent recruitment, and AI implementation. To learn more about Venture Guides, visit www.ventureguides.com.

SOURCE VibeIQ

The Platform Offers a Cosigner Alternative Amid Tightening Vacancy

SAN JOSE, Calif., Aug. 7, 2026 — Cosign, a cosigner and third-party lease guarantor platform designed to expand renter access while protecting property owners, has launched in San Jose, the heart of Silicon Valley, where rental competition has reached levels not seen in more than a decade.

According to CoStar data, average rent in San Jose is up roughly 7% in the last year, meaning income requirements are rising far faster than most renters’ paychecks. Average asking rent currently sits around $3,432 a month, behind only New York and San Francisco. Renters with steady income and years of local employment, teachers, service workers and contractors among them, are getting stuck at the apartment approval stage simply because they don’t have a cosigner to fall back on. The issue isn’t a lack of qualified renters. It’s approval standards that require applicants to clear roughly a $124,000 annual income threshold or provide a cosigner.

At Vasona Management, that squeeze has become a daily leasing challenge. Management adopted Cosign as a cosigner alternative to solve exactly that problem. As a San Jose apartment guarantor, Cosign steps in when renters fall just short of standard qualification criteria and have no cosigner to rely on, allowing Vasona’s properties to approve more residents, reduce vacancy rate and maintain financial protections.

“At Vasona Management, providing a seamless leasing experience while maintaining strong qualification standards is a top priority,” said Samantha Woehl, director of training and management at Vasona Management. “Cosign, as a third-party guarantor, has given us greater flexibility when working with applicants who fall just short of our traditional screening criteria and don’t have a cosigner. It allows us to confidently approve more qualified residents while keeping the leasing process efficient for both our team and our communities.”

Founded by real estate owners and operators, Cosign’s dynamic risk model evaluates payment behavior and recency rather than relying on a credit score alone, an approach that gives the San Jose MSA’s non-tech workforce, the people who keep the region running but don’t carry tech salaries, a real path to apartment approval.

“This market shows what happens when a decade of undersupply finally catches up with a market,” said Zach Schofel, co-founder and CEO of Cosign. “Cosign works with thousands of units in the MSA and over 30,000 units across the state, and we’re excited to expand our presence in the area. Reception from local managers and residents has been amazing. The renters getting left behind aren’t the ones who can’t afford it. They’re the ones without a backup plan on paper. Cosign gives owners in Silicon Valley a way to say yes to them anyway.”

For more information, visit www.rentwithcosign.com and follow on social media @rentwithcosign.

About Cosign
Cosign is a real estate technology company and lease guarantor service that bridges the gap between qualified renters and landlords. Founded by real estate professionals, Cosign’s mission is to expand housing access through data-driven underwriting that considers payment behavior, not just credit scores. Active in more than 500,000 units across 3,000+ communities nationwide, Cosign is helping modern operators approve more qualified renters in both tight and oversupplied markets. For more information, visit www.rentwithcosign.com

SOURCE Cosign

POTOMAC, Md., Aug. 7, 2026 — Z Advanced Computing, Inc. (ZAC), the pioneer Cognitive Explainable Artificial Intelligence (CXAI) software startup, was awarded 25 million dollar sole-source contract from US Air Force, with a recent new task order. In addition, ZAC is bringing its Situational Awareness tech to Self-Driving. The brain-inspired CXAI is the foundation and a prerequisite for the Human-Level Situational Awareness, which will enable Fully Autonomous–Driving (under all complex or unexpected conditions or situations on the road).

ZAC is the only company in the world to achieve AI training with:

• only few training samples (typically 5 to 50), based on Abstraction/Generalization, similar to humans (instead of 1000s to Billions).
• much smaller/lower computation resources, CPU/GPU, energy/battery, Carbon footprint, size/weight, and cost of installation/maintenance.

Similarly, ZAC-CXAI is being recognized as a superior technology for the edge computing/applications (useful for many applications) by International Business Times (titled “Cognitive Explainable AI Challenges ‘The Bigger Is Better’ Narrative In AI”, by Adam Bent, 30-Apr-2026): “Because CXAI does not require extensive cloud-based infrastructure, it can be deployed on a wide range of devices, including edge environments”. In addition, ZAC also eliminates the “Hallucination” and “Black Box” problems (associated with the Neural Nets).

ZAC owns a very strong IP portfolio: over 450 inventions (including 15 issued/allowed US patents).

ZAC has an impressive team of scientists/developers. The development is headed by Dr. Saied Tadayon, a scientist, veteran software developer, and math prodigy, who ranked 1st as an undergrad at Cornell, with his PhD in Electrical Engineering from Cornell at age 23 (the youngest).

ZAC has world-renowned advisors, including 2 Nobel Laureates:

• Prof. David Lee (Nobel Laureate, Physics),
• Prof. Roald Hoffmann (Nobel Laureate, Chemistry),
• Prof. Mory Gharib (former Caltech Vice Provost of Research),
• Prof. Gholam Peyman, MD (Inventor of LASIK; recognized by the Smithsonian Magazine as the Top 8 Medical Inventions/ Marvels; awarded National Medal of Technology and Innovation by US President),
• late Prof. Robert Buhrman (former Cornell Sr. Vice Provost of Research),
• Prof. Mike Spencer (former Cornell Associate Dean of Engineering for Research),
• late Prof. Mo Jamshidi (UTSA, former Founding Dir. of NASA Center for Autonomous Control; US Army Science Board),
• late Prof. Lotfi Zadeh of UC Berkeley (“Father of Fuzzy Logic”; co-inventor of Z-Transform; AI Hall-of-Fame), who is also one of ZAC inventors.

Contact:

Z Advanced Computing, Inc. (ZAC)
Tel.: 301-294-0434
[email protected]
www.ZAdvancedComputing.com

SOURCE Z Advanced Computing, Inc.

SHANGHAI, Aug. 7, 2026 — NASN Intelligent Tech, a portfolio company of Qiming Venture Partners and Chinese X-by-wire chassis‌ leader, successfully listed on the Hong Kong Stock Exchange on August 7, 2026 Beijing time. NASN Intelligent Tech (02261. HK) issued its shares at a price of HK10.42 per share and opened at HK$16.9 per share with a market capitalization of HK$10.06 billion.

Qiming Venture Partners invested in the Round A financing of NASN Intelligent Tech as a co-lead-investor in 2018 and continued to invest in the company in the Round B financing. Before the IPO, Qiming Venture Partners held an 8.43 percent stake in NASN Intelligent Tech as the largest institutional investor.

Founded in 2016, NASN Intelligent Tech focuses on delivering mission-critical X-by-wire solutions for intelligent driving and enhancing the independence of the intelligent driving supply chain. As a contributor in the industry, NASN Intelligent Tech drives the development of the X-by-wire industry with its full-stack solutions, advancing the industry from inception to excellence.

According to the information from China Insights Consultancy, NASN Intelligent Tech is the first Chinese company to commercialize the electronic brake booster solution (NBS solution) for L4 autonomous vehicles and to supply proprietary electronic brake booster solution (NBS solution) to leading Chinese EV OEMs. In terms of the brake-by-wire solution sales volume in 2025, NASN Intelligent Tech is among the top three Chinese brake-by-wire solution providers and the second-largest independent third-party brake-by-wire solution provider.

Leveraging its proven R&D and mass-production expertise in automotive X-by-wire technology, as well as core competencies in control algorithms, software and hardware, NASN Intelligent Tech is well-positioned to expand into humanoid robotics and low-altitude aircraft motion control. This means while achieving rapid growth in the automotive sector, NASN Intelligent Tech has the capacity for cross-industry technology deployment and is cultivating a high-potential second growth curve in adjacent markets.

Tao Zhe, Founder and Chairman of NASN Intelligent Tech, said: “China’s automotive industry is undergoing profound shifts toward electrification, intelligentization and indigenous core technology development. Standing at the new milestone of our listing, NASN Intelligent Tech will seize industrial growth opportunities, further deepen our focus on automotive motion control, accelerate core technological innovation and global expansion, and strive to become an internationally competitive X-by-wire chassis enterprise.”

Duane Kuang, Founding Managing Partner at Qiming Venture Partners, said, “When we invested in NASN Intelligent Tech in 2018, we believed in the founding team’s determination to independently develop and manufacture the core technologies and key components of X-by-wire chassis systems in China, along with their solid engineering depth and proven ability to deliver at scale. Amid the sweeping wave of intelligent driving, brake-by-wire and X-by-wire chassis serve as the core hardware safeguarding autonomous driving safety, and domestic innovators have vast room to grow in this field. We are delighted to witness NASN Intelligent Tech reach this milestone of listing on the public market. Looking ahead, building on its core capabilities in control algorithms, software and hardware, we believe NASN Intelligent Tech is well-positioned to extend these strengths into the core software and hardware of embodied intelligent robotics, opening up an even broader market while continuing to consolidate its industrial advantages and expand globally.”

About Qiming Venture Partners

Qiming Venture Partners was founded in 2006. Currently, Qiming Venture Partners manages eleven US Dollar funds and seven RMB funds with $9.5 billion in capital raised. Since our establishment, we have invested in outstanding companies in the Technology and Healthcare industries at the early and growth stages.

Since our debut, we have backed over 580 fast-growing and innovative companies. Over 210 of our portfolio companies have achieved exits through IPOs at the NYSE, NASDAQ, HKEX, Shanghai Stock Exchange, or Shenzhen Stock Exchange, or through M&A or other means. There are also over 80 portfolio companies that have achieved unicorn or super unicorn status.

Many of our portfolio companies are today’s most influential firms in their respective sectors, including Xiaomi, Meituan, Bilibili, Zhihu, Roborock, Hesai Technology, UBTech, WeRide, HyperStrong, Insta360 , Unisound, Biren Technology, Z.ai, Gan & Lee Pharmaceuticals, Tigermed, Zai Lab, CanSino Biologics, Schrödinger, APT Medical, Sanyou Medical, AmoyDx, SinocellTech, Insilico Medicine, AusperBio, Yuanxin Technology, Medilink Therapeutics, LaNova Medicines, StepFun, among many others.